Life insurance direct premiums written globally 1980-2022
The global life insurance market reached its all-time peak in 2021 before contracting in 2022. In 2022, total direct premiums in the life insurance industry amounted to approximately 2.8 trillion U.S. dollars, a decrease from the previous year. Nevertheless, total direct premiums written in the global life insurance industry more than doubled between 2006 and 2022.